Elevation DC recently reported that DC-based Blue Tiger Labs just released a mobile comparison app called PriceSpotting. Soft-launched during CES, PriceSpotting reports the prices of products at local stores that have been scanned and contributed back-up into the greater PriceSpotting system.
They claim that their community has already contributed “three million list and sale prices” to their system. Users earn points for contributing prices into the system, which they can later redeem for cash.
At the helm of Blue Tiger Labs (maker of PriceSpotting) is founder and CEO Neil Kataria. He’s an established DC entrepreneur who has largely flown under the radar of the DC tech and startup community. Previously, Neil founded and was CEO of DC-based newBrandAnalytics.
Blue Tiger Labs has launched PriceSpotting in the Washington, DC metro area with plans to launch in San Francisco, Atlanta, and New York soon.
If they’re able to get users in the cities where they’ve launched to contribute prices, this could be really useful. Of course you run into that common chicken and egg problem. Without content, it’s hard to get users; but without users, you’re not able to get new content.